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Durham commissioners approve step to seek LGC approval for up to $240 million in refunding bonds
Summary
On April 13, 2026, the Durham County Board of Commissioners unanimously adopted a resolution to seek Local Government Commission approval and introduced a bond order authorizing up to $240,000,000 in general obligation refunding bonds; a public hearing is set for the April 27 board meeting.
The Durham County Board of Commissioners on April 13 unanimously adopted a resolution making findings of fact and authorizing staff to apply to the Local Government Commission (LGC) and introduced a bond order for not-to-exceed $240,000,000 in general obligation refunding bonds for series 2026B.
County Manager Hager, who presented the item, said staff will pursue the technical steps required for a refunding and noted that the work will take place over the coming months. "This step will happen over this process will happen…
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